STHFF (Stelmine Canada) Inventory Turnover: 0.00 (As of Apr. 2024)


What is Stelmine Canada Inventory Turnover?

Stelmine Canada STHFF -90.00% Inventory Turnover is 0.00 as of Apr. 2024.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Stelmine Canada's Cost of Goods Sold for the three months ended in Apr. 2024 was $0.00 Mil. Stelmine Canada's Average Total Inventories for the quarter that ended in Apr. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stelmine Canada's Days Inventory for the three months ended in Apr. 2024 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Stelmine Canada  (OTCPK:STHFF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Stelmine Canada's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=0/0.004*365 / 4
=0.00

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Stelmine Canada's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=0 / 0
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Stelmine Canada Inventory Turnover Related Terms

Stelmine Canada Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Stelmine Canada's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Stelmine Canada Inventory Turnover Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Stelmine Canada Inventory Turnover Calculation

Stelmine Canada's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Inventory Turnover (A: Jul. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2023 ) / ((Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count )
=0.005 / ((0 + 0) / 1 )
=0.005 / 0
=N/A

Stelmine Canada's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover (Q: Apr. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2024 ) / ((Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Apr. 2024 )) / count )
=0.004 / ((0 + 0) / 1 )
=0.004 / 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Stelmine Canada (STHFF) has a Inventory Turnover of 0.00 as of Apr. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Stelmine Canada and its competitors.
Is Stelmine Canada's Inventory Turnover too high?
Stelmine Canada's current Inventory Turnover is 0.00.
How does Stelmine Canada's Inventory Turnover compare to NRHI and ENRT?
Stelmine Canada's Inventory Turnover of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Metals & Mining company?
A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Stelmine Canada and its competitors. Stelmine Canada's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (STHFF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Stelmine Canada (STHFF), the current Inventory Turnover is 0.00 as of Apr. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.